TEMPORARY VACANCIES

§ 10.020 PURPOSE OF ACTING APPOINTMENTS.

   Acting appointments are intended to be interim measures to address temporary vacancies:

   (A)   Pending a permanent appointment, in the case of employee separation and in the case of the establishment of a newly budgeted position; and

   (B)   Pending the return of the permanent employee, in the case of a leave of absence.

(Ord. NIRC 11-03, passed 4-15-2011)

§ 10.021 DURATION OF APPOINTMENT.

   For those positions which report directly to the ED/CEO, no person may be appointed in an acting capacity for more than 12 months without prior Board approval.

(Ord. NIRC 11-03, passed 4-15-2011)

§ 10.022 COMPENSATION FOR ACTING EMPLOYEES.

   Compensation for employees appointed to a particular position in an acting capacity will not exceed the compensation previously established for that position.

(Ord. NIRC 11-03, passed 4-15-2011)

§ 10.023 RETROACTIVE PAY INCREASE.

   Retroactive pay increases to compensate employees appointed to an acting position prior to enactment of this subchapter must be pre-approved by the Board.

(Ord. NIRC 11-03, passed 4-15-2011)

TREASURY SIGNATORY AUTHORIZATION

§ 10.035 AUTHORITY TO SIGN OR ENDORSE.

   The Board of Directors (“Board”) of the Northeast Illinois Regional Commuter Railroad Corporation (“Corporation”) hereby authorizes the following persons to sign, make, draw or endorse on behalf of the Corporation any and all checks, notes, drafts, bill exchanges or other instruments; to make any payment of money on behalf of the Corporation; and to withdraw funds on behalf of the Corporation.

   (A)   With respect to amounts less than $10,000, the Chief Financial Officer (“CFO”), any Assistant Treasurer or the Director, Treasury (“Director”) are each individually endowed with the above-mentioned powers. In addition, execution of instruments for the payment of money or withdrawal of funds may be made by facsimile signature by the CFO or the Director. Only one signature is required with respect to such amounts of less than $10,000.

   (B)   With respect to amounts equal to or greater than $10,000, two signatures are required and signatures must include: either the CFO or the Director, and either the Executive Director/Chief Executive Officer (“CEO”). The General Counsel or a Deputy Executive Director are hereby endowed with the above mentioned powers. For purposes of this section only, the CEO and the CFO may designate, in writing, any other position of the Corporation to make such transfers and endorse checks.

(Ord. NIRC 11-05, passed 11-11-2011)